Mentor Graphics (MENT) Tops Q2 EPS by 22c; Boosts FY16 Outlook
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Mentor Graphics Reports Fiscal Second Quarter Results and Announces Quarterly Dividend
August 20, 2015 4:10 PM EDTWILSONVILLE, Ore.--(BUSINESS WIRE)-- Mentor Graphics Corporation (NASDAQ: MENT) today announced financial results for the companys fiscal second quarter ended July 31, 2015. The company reported revenues of $281.1 million, non-GAAP earnings per share of $0.36, and GAAP earnings per share of $0.26.
Revenue was an all-time second quarter record and Mentor exceeded non-GAAP earnings per share guidance for the 26th consecutive quarter, said Walden C. Rhines, chairman and CEO. Customer need for increased amounts of software drove early renewal activity and the upside in the quarter. Demand was strongest in both Design to Silicon and Scalable... More
